Services notified under section 9 3
WebAs per Section 9 (5) of the CGST Act, Electronic Commerce Operator (ECO) is required to pay tax on the supply of services such as Passenger Transport services, Accommodation services, Housekeeping Services & Restaurant Services, if such services are supplied through Electronic Commerce Operator (ECO). Web13 rows · Section 9 of CGST Act (Levy and collection) Forward Charge: Supplier supplies goods/services or both to recipient, and Recipient make payment along with GST amount …
Services notified under section 9 3
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Web12 Aug 2024 · - Under section 9 (3) few goods and services are specifically notified by way of notification in which case tax is to be paid under reverse charge like in case of advocates, Goods transport agency etc. and - Under 9 (4) if supplies are received from unregistered dealer then tax is to be paid in reverse charges. Prajjwal (Expert) Follow Web17 Dec 2024 · As per the GST Council decision to notify “Restaurant Service” under section 9 (5) of the CGST Act, 2024 along with other services notified earlier such as motor cabs, accommodation and housekeeping services wherein the tax on such supplies would be paid by electronic commerce operator if such supplies made through it, Notification No. …
WebThere are two types of RCM provided under GST law: Section 9 (3) of CGST Act : Supply of specified goods / services. Section 9 (4) of CGST Act : Supply of specified goods / … Web28 Nov 2024 · 1. Introduction. As per Section 2(98) of the CGST Act, 2024 ‘reverse charge’ means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub-section (3) or sub-section (4) of section 9, or under sub-section (3) or sub-section (4) of section 5 of IGST Act, 2024.
WebWhat are the supplies on which reverse charge mechanism would apply at present? A. Notified categories of goods or services or both under section 9 (3) B. Inward supply of goods or services or both from an unregistered dealer under section 9 (4) C. Both the above. D. None of the above. WebSection 9 (3) of the CGST/SGST (UTGST) Act reads “The Government may, on the recommendations of the Council, by notification, specify categories of supply of goods or …
Web17 Aug 2024 · A) The first one is payable under section 9 (3) of CGST Act, 2024. A list of goods and services on which the tax is payable under the said section is notified thru …
Web5 Jul 2024 · This scheme is designed to simplify compliance and reduce the tax burden for small businesses. iii) Reverse charge mechanism: Section 9 (3) and 9 (4) introduce the reverse charge mechanism (RCM), wherein the recipient of goods or services is liable to pay GST instead of the supplier. britmartinez twitterWeb15 Dec 2024 · If such person purchases taxable goods and services and claim an exemption under section 9(3) or section 9(4A) or section 9(4B) or section 9(4C) of CGST Act, the Indian supplier will have to pay tax under reverse charge basis in Indian GST. britishers meaningWeb23 Apr 2024 · Compliance action 2010 to 2015. Anti-avoidance rules were introduced in 2011, which also led to the EBT Settlement Opportunity. At that time, the focus of our compliance work was to encourage ... british tea san franciscoWebservices under section 9(5) in Table 7A(1) or Table 4A of GSTR-1, as the case maybe, for accounting purpose. Registered persons supplying restaurant services through ECOs … british tobacco dividendWeb30 Mar 2024 · Section 9 (3) Reverse Charge List. Reverse Charge currently is applicable mostly on Services like. Advocate Service, Goods Transport Service, Passenger Transport … british weather services jim dalebritish wheel of yoga free membershipWeb26 Jan 2024 · Since introduction of GST, the Central Government has notified a number of goods and services u/s 9(3) of CGST Act for the purpose of levy of GST under reverse … britishop thailand